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12° Nicosia,
03 December, 2022
 

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Displaying results 1-30 of 46 matches for query bankruptcy.

1. 'FTX-style crypto crash won’t happen in Europe'

https://knews.kathimerini.com.cy/en/business/ftx-style-crypto-crash-won-t-happen-in-europe

The cryptocurrency world is reeling after the collapse of crypto exchange FTX — but EU policymakers are patting themselves on the back....

2. World's largest crypto exchange platform to set up shop in Cyprus

https://knews.kathimerini.com.cy/en/business/world-s-largest-crypto-exchange-platform-to-set-up-shop-in-cyprus

The FTX bankruptcy scandal a few weeks ago rocked the entire crypto world to its core, after its founder Sam Bankman-Fried, the "wonderboy" of the crypto trading world,...

3. 'The suspension of foreclosure sales is tragic for the country'

https://knews.kathimerini.com.cy/en/business/the-suspension-of-foreclosure-sales-is-tragic-for-the-country

Bank of Cyprus CEO Panicos Nicolaou described Cyprus's decision to extend the suspension of divestments as "tragic."...

4. Investors lost $1 billion on FTX, prompting calls for industry regulation

https://knews.kathimerini.com.cy/en/news/investors-lost-$1-billion-on-ftx-prompting-calls-for-industry-regulation

The turmoil in the cryptocurrency world continues unabated following the bankruptcy of the FTX platform, which landed its founder, Sam Bankman-Freid, bankrupt almost overnight. ...

5. FTX's European operations suspended indefinitely

https://knews.kathimerini.com.cy/en/news/ftx-s-european-operations-suspended-indefinitely

The company is taking a wait-and-see approach until further notice in order to deal with FTX International and the more than $8 billion hole it has created...

6. Twitter: Musk warns of the possibility of bankruptcy

https://knews.kathimerini.com.cy/en/business/twitter-musk-warns-of-the-possibility-of-bankruptcy

7. Cypriot airlines dismiss rumors after Bloomberg article

https://knews.kathimerini.com.cy/en/news/cypriot-airlines-dismiss-rumors-of-post-pandemic-ripple-effect

Airlines operating out of the Republic of Cyprus reportedly have denied rumors that they could be going under, following trouble with Romanian Blue Air and a Bloomberg report warning about the island’s two carriers...

8. Yiorkio finds patron after years of rejection

https://knews.kathimerini.com.cy/en/news/yiorkio-finds-patron-after-years-of-rejection

Nicosia’s abandoned luxury hotel Yiorkio Residence has been sold to a group focusing on upscale living, with reports saying the bidder is shelling out €20 million to acquire one of Cyprus’ real estate puzzles...

9. What is Turkey up to?

https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-what-is-turkey-up-to

This summer, for the first time in many years, the omens concerning Greek-Turkish relations are particularly gloomy. There are many objective reasons why Turkey causing a heated incident is not the most likely scenario;...

10. The end of an era as Revlon files for bankruptcy

https://knews.kathimerini.com.cy/en/business/the-end-of-an-era-as-revlon-files-for-bankruptcy

The US cosmetics group Revlon has filed for bankruptcy protection after battling supply chain problems and failing to compete with celebrity-backed and social media-savvy upstarts....

11. Boris Becker faces jail term for failing to declare his millions

https://knews.kathimerini.com.cy/en/news/boris-becker-faces-jail-term-for-failing-to-declare-his-millions

Three-time Wimbledon champion Boris Becker could be sent to jail today as he faces a sentence for flouting the terms of his 2017 bankruptcy....

12. Russian bank subsidiary in Europe collapses

https://knews.kathimerini.com.cy/en/business/russian-bank-subsidiary-in-europe-collapses

While the Moscow Stock Exchange remains closed for a third straight day and the ruble is losing value inside and outside Russia, heading back to Monday's record low again, the ECB yesterday confirmed the first bankruptcy of a subsidiary in Europe caused by sanctions and massive withdrawals. ...

13. President Anastasiades warns over restrictions for unvaccinated persons

https://knews.kathimerini.com.cy/en/news/president-anastasiades-warns-over-restrictions-for-unvaccinated-persons

Cyprus President Nicos Anastasiades warned on Saturday over possible restrictions for unvaccinated persons, stating that some people should realize that they also have a social responsibility....

14. The eternal unfinished buildings in our cities

https://knews.kathimerini.com.cy/en/comment/opinion/the-eternal-unfinished-buildings-in-our-cities

Driving in some areas of Cyprus, we can see some skeletal buildings that "stand" there abandoned for many years and it makes us wonder why they were left there to rot....

15. Hertz orders 100,000 Tesla cars

https://knews.kathimerini.com.cy/en/business/hertz-orders-100-000-tesla-cars

Hertz Global Holdings Inc., placed an order for 100,000 Teslas in the first step of an ambitious plan to electrify its rental-car fleet,...

16. ECB tells Cyprus lawmakers to get it right

https://knews.kathimerini.com.cy/en/news/ecb-tells-cyprus-lawmakers-to-get-it-right

Elizabeth McCaul, Member of the Supervisory Board of the ECB, advised caution over possible amendments to the Cyprus foreclosure law stressing that 'such policies can also backfire and destabilize the banking sector if designed in a haphazard manner'...

17. Bankrupt Cyprus Mines saga continues

https://knews.kathimerini.com.cy/en/news/bankrupt-cyprus-mines-saga-continues

Insurers who could be left footing the bill for personal injury litigation against former talc miner Cyprus Mines Corporation are challenging the company's proposed candidate to represent future tort claimants...

18. Cyprus Mines insolvency deal under scrutiny in US

https://knews.kathimerini.com.cy/en/news/cyprus-mines-insolvency-under-scrutiny-in-us

Cyprus Mines Corporation which filed for bankruptcy in the United States following hundreds of asbestos lawsuits has rejected accusations that a committee representing claimants was acting in bad faith, but lawyers representing victims are calling on a judge to rework a deal under intense scrutiny...

19. Need for transparency on COVID-19 public spending

https://knews.kathimerini.com.cy/en/news/need-for-transparency-on-covid-19-public-spending

The Organisation for Security and Cooperation in Europe Parliamentary Assmebly’s (OSCE PA) Special Representative on Fighting Corruption Irene Charalambides, has called for the highest levels of transparency and good governance on COVID-19 related public expenditures....

20. «Growth momentum moderates» in Cyprus according to Εuropean Commission Autumn Economic Forecast

https://knews.kathimerini.com.cy/en/business/growth-momentum-moderates-in-cyprus-according-to-european-commission-autumn-economic-forecast

"Growth momentum moderates" in Cyprus, according to the headline assessment of the European Commission`s Autumn Economic Forecast for the country, presented today by Commissioner Moscovici in Brussels....

21. Cyprus hotels to take a €60 million hit as thousands stranded by Thomas Cook collapse

https://knews.kathimerini.com.cy/en/news/cyprus-hotels-to-take-a-€60-million-hit-as-thousands-stranded-by-thomas-cook-collapse

Officials at the Deputy Ministry of Tourism are scrambling to ascertain the impact of the collapse of Thomas Cook on the Cypriot hotel industry. ...

22. Looking for true followers

https://knews.kathimerini.com.cy/en/comment/opinion/looking-for-true-followers

Surely it is time for Greece’s most affluent citizens to step up, not out of self-interest, but in order to help the country through this critical time. As it starts to recover from bankruptcy, the country finds itself with scant resources and huge needs in key areas. Virtually all sectors – including defense, health, education and culture – have been seriously impacted by successive waves of budget cuts, a situation that has been aggravated by the failure of Greek politicians to implement bold measures. ...

23. Mitsotakis, expectations and the need for unity

https://knews.kathimerini.com.cy/en/comment/opinion/mitsotakis-expectations-and-the-need-for-unity

The coming weeks will naturally see an emphasis on New Democracy’s proposals on all the major issues, from the economy and security, to education and health. At the same time the new prime minister will have to strike a balance between the rival forces within his party’s ranks, combining the new with the old. ...

24. Cyprus wants more German tourists

https://knews.kathimerini.com.cy/en/news/cyprus-wants-more-german-tourists

25. Cyprus aims to maintain the same number of tourists as in 2018

https://knews.kathimerini.com.cy/en/news/cyprus-aims-to-maintain-the-same-number-of-tourists-as-in-2018

26. President stands by Finance Minister

https://knews.kathimerini.com.cy/en/news/president-stands-by-finance-minister

27. Germania airline files for bankruptcy, halts flights

https://knews.kathimerini.com.cy/en/news/germania-airline-files-for-bankruptcy-halts-flights

28. Arrogance sends cocky message to kids

https://knews.kathimerini.com.cy/en/comment/opinion/arrogance-sends-cocky-message-to-kids

Michalis Tsikalas writes about the education crisis, commenting on a show of arrogance that exists in the wider public sphere. This type of arrogance, whether coming from public officials or teacher unions, sends a wrong message to kids and stands in the way of getting basic messages of respect through them...

29. Knock it down and rebuild it from scratch

https://knews.kathimerini.com.cy/en/comment/opinion/knock-it-down-and-rebuild-it-from-scratch

30. Bulgaria scrambling over Olympic bankruptcy

https://knews.kathimerini.com.cy/en/news/bulgaria-scrambling-over-olympic-bankruptcy

The bankruptcy of Cyprus-based Olympic Insurance Company has become the focus of attention and a regulator has resigned, after 200,000 Bulgarians were left without insurance...

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